German Restaurant/Beer Hall for Sale in Midtown NYC

This listing presents a lucrative opportunity to acquire a well-established German Restaurant and Beer Hall situated in a prime Midtown Manhattan, New York City location. The business operates from a spacious 5000 square foot premises, which is noted as being large for NYC. It boasts a popular and easy-to-run concept, supported by a fully staffed team ensuring smooth operations. Key financial highlights include a strong Cash Flow of $728,128, with Sales not disclosed. The business benefits from a long lease term of 12 years remaining, with rent described as below market, offering stable and predictable cash flow. The operation is fully systematized, indicating potential for expansion and replication. Low Cost of Goods Sold (COGS) and other metrics are cited as contributing to maximizing return on investment. The business has a strong reputation and a loyal customer base, making it an attractive prospect for both new restaurateurs and experienced investors. The seller indicates that management will stay, facilitating a smooth transition. The business is confirmed as not being a franchise and real estate is available on request.